Homeworking, the desired way of doing business: ECONET

By Bridget Mabanda

THE largest telecommunication giant Econet Wireless Zimbabwe Limited has said the pandemic has accelerated the need for digitalisation across all business sectors.

80% of Econet staff is working from home but the organisation has sustained high productivity.

The company secretary Charles Banda said the pandemic helped the organisation to understand the opportunities presented by digitalisation.

“Our past investment in resilient network infrastructure has positioned us to be the digital connectivity partner of choice. This is reflected in the data traffic volumes which have increased by 89.5% from the previous year,” Banda said.

Banda said that the growth experienced reflects the increase in adoption and usage of e-commerce.

Previous telecommunications services were lagging behind because of inflation and high tariff rates which POTRAZ has adjusted.

“The improvement in the tariff regime as a result of inflation adjustments approved by the Postal and Telecommunication Regulatory Authority of Zimbabwe (POTRAZ) has helped to restore the viability of the sector,” Banda said.

He added that accumulated foreign obligations in the telecommunications sector continue to be a limiting factor in addressing the capitalisation requirements for all telecommunications operators.

Over the last 22 years, the Company introduced products and services that have harnessed the power of mobile technology and innovation to transform the lives of people in Zimbabwe.

Econet Zimbabwe is intensifying efforts to adapt its business model to deliver digital solutions.

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Export incentives drive gold deliveries to record high in June

Zimbabwe’s export incentives have seen gold deliveries to Fidelity Printers and Refiners r…